Sah Petroleums Plans Expansion, Launches new products

Sah Petroleums Ltd has announced that the Company, one of the leading manufacturers of industrial lubricants in India manufacturing a wide-range of industrial and automotive lubricants, specialties and process oils under the brand name "IPOL®™" manufactured at the Company's state-of-the-art plant incorporating the latest technology, at Vasai near Mumbai and Daman has completed Phase III of its expansion whereby capacity has been enhanced from 60000 K1 to 70000 KL. This capacity will be further increased by 10000 KL to 80000 KL in Phase IV by the financial year-end. The total project cost is Rs 40 Cr approx. The Company has also launched an entire range of automotive lubricants focusing on supplies to the bazaar trade and the retail sector as well as supplies to State Road Transport Corporations and OEMs.

Source : Equity Bulls

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